AML Analyst (Junior)

New York, NY | Direct Hire

Post Date: 07/27/2017 Job ID: 11943 Industry: AML Transaction Analyst, BSA ANALYST

Responsible for review and analysis of daily alerts. Ensure compliance with the Bank’ s Bank Secrecy Act Anti-Money Laundering Policies and procedures and the applicable federal regulation to protect the bank from being used as a conduit for illegal activity.

  • 1ST Level OFAC Processing
  • 2nd Level OFAC Review
  • OFAC RFI/SWIFT Messaging
  • Daily Reconciliation Reports
  • Daily/Monthly Volume Reports
  • AML RFI Dispatch via SWIFT/Email (Head Office/FI Team)
  • Updating AML RFI SWIFT log (daily)
  • Compliance Investigation
    • Outgoing Payment Inquiry from US/Foreign Banks
  • Updating Daily Log on Executed Payments

Debit/Crediting OFAC Account based on the OFAC RFI responses to release/hold payments


Educational Requirements 

BA /BS in business, finance, law enforcement, legal studies or a related field; may be substituted with equivalent work experience in Financial Services, Law Enforcement, Banking or a related field.


Experience Requirements
  • 2-4 years professional experience in an Anti-Money Laundering group within an audit, compliance, financial services operations experience or equivalent
  • 2-4 years’ experience in resolution of surveillance items flagged as potentially suspicious transactions and items identified as potential matches to adverse media alerts, designated sanctions targets and prohibited persons lists
  • Excellent time management skills and ability to execute tasks within tight deadlines.
  • Proactively contribute to team performance 
  • Strong interpersonal skills necessary to work effectively with colleagues across regions and business units
  • Staying abreast of developments in payment regulations, particularly OFAC’ s. 
  • Complete timely training and development plan as agreed with line manager/team leader. 

Matt Eidlen

Matthew Eidlen has more than 10 years of recruitment and temporary staffing experience. He is a graduate of The College of Staten Island/City University of New York with a major in Economics and Marketing. He has developed an expertise in recruiting talent in the areas of compliance, mortgage services, litigation support, and all areas of operations and risk. He provides both temporary and direct hire recruitment services. He provides temporary staffing and permanent recruiting services to our expanding client base.

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